Trader Eugene Ng Ah Sio recently shared his in-depth observations on the current market cycle. He stated that he successfully avoided multiple rounds of oscillations over the past month and conducted a detailed analysis of the stages various cryptocurrencies are in.

According to Eugene's market segmentation, most altcoins have entered "Stage 5" (Regime 5), which means the market has completed several rounds of fluctuation and is gradually approaching a new upward cycle. In contrast, mainstream coins are relatively behind, still remaining in Stage 4, and the true collapse of DAT has not yet fully arrived.

Based on this stage assessment, Eugene proposed a differentiated trading strategy. For altcoins, now is the time to start observing and set buy orders. As for mainstream coins, considering they are still in the adjustment phase, a preparatory stance should be adopted—monitor the market and get ready to intervene, rather than rushing to chase rebounds.

It is worth noting that Eugene pointed out that this year has indeed been challenging for most trading participants, but looking ahead to 2026, the market environment will significantly improve. This cyclical judgment provides investors with long-term psychological expectations and strategic guidance.